Sentences with phrase «from rbi»

Blockchain and cryptocurrency industry trade group representatives in India consider the latest actions by banks as blatant «overreach,» without any instruction from regulators, saying: «Without any clear mandate either from the RBI or other regulators, asking us to close down our (exchange) accounts while refusing to give in writing what the reason is just disruptive to our business.»

As reported by CoinDesk, a paper from the RBI's research institute, published in January, argued that blockchain tech could provide the necessary basis for the digitization of the rupee.

He also shared that they haven't received any circular from the RBI on what the next steps should be.

As per a statement from the RBI's Deputy Governor BP Kanungo at a conference yesterday, the institution is barring regulated entities from providing services to any individual or business that's buying or selling digital currencies — that includes private banks and digital wallet providers.

In December 2014, the Insurance Regulatory and Development Authority (IRDA) issued guidelines applicable to group insurance policies and schemes executed by institutions acting as group organizers or master policyholders — the scheduled commercial banks regulated by the Reserve Bank of India (RBI), NBFCs with certificate of registration from RBI, and National Housing Bank (NHB)- regulated housing finance companies.

Banks can also act as corporate agents without seeking prior approval from the RBI.

The rate at which banks borrow money from the RBI by selling their surplus government securities to the central bank (RBI) is known as «Repo Rate.»)

While now the MCLR should factor in the repo rate, but how much really the weightage is of this cost of borrowing from RBI for the bank as against rest of the marginal costs.

A cut in Repo and Reverse Repo rates basically reduces the bank's cost of borrowing from the RBI to add to its reserves.

Same way, banks borrow money from RBI by paying interest rate, when RBI reduces this interest rate (payable by banks to RBI), banks will have to pay lesser interest amount on their borrowings.

Waiting for your clarification whether banks are justified in charging conversion fees, when there is no guidelines from RBI?

I would think with these thin spread the banks would have to really pass on the rates from RBI more quickly then in past though never instant.

The reason was (as they say) all corporate current accounts are frozen (following a notice from RBI) at the moment because of the demonetization drive going on in India.

In a report from the Economic Times (India) out today, we see a discussion regarding why many traders within India aren't actually concerned by these moves from the RBI.

Such private exchanges should of course be immune from the RBI's ruling.

Not exact matches

Tim Hortons has suffered from intense competition, problems with its annual «Roll Up the Rim» promotion and negative media coverage generated by a group of dissident franchise owners, RBI chief executive Daniel Schwartz told analysts.

RBI will finance the transaction with cash on hand and a financing commitment from J.P. Morgan and Wells Fargo.

Following the closing of the transaction, Popeyes will continue to be managed independently in the U.S., while benefitting from the global scale and resources of RBI.

A letter obtained by the Canadian Press from a lawyer representing the Great White North Franchise Association to Tim Hortons parent company Restaurant Brands Inc. said if RBI refuses to meet with franchisees by Friday to discuss «deficient IT practices» and «future IT protocols» they will take the matter to court.

Ensuring the safety and security of payment systems data is essential to reduce the risks from data breaches while maintaining a healthy pace of growth in digital payments, the RBI said.

The theft of the Coinsecure funds occurred four days after the Reserve Bank of India (RBI) barred local banks and financial institutions from dealing in cryptocurrencies, causing a mass panic on the Indian cryptocurrency market.

You will not be able to buy cryptocurrency via banks or e-wallets etc. in India anymore as Reserve Bank of India (RBI) has banned them with immediate effect from «dealing with or...

The RBI limited individuals from investing more than $ 75,000 a year in property and other assets abroad; the earlier limit had been $ 200,000 a year.

As of February 2, RBI had received applications from 72 companies to set up small finance banks, while 41 others had expressed interest in starting up payment banks.

Overall, whilst from the outset it did seem that the RBI's decision was going to be disastrous for cryptocurrencies in India.

But multiple warnings, both from the finance ministry and the RBI, have failed to deter even conservative Indian investors from cryptocurrencies.

The committee will be chaired by the Special Secretary (Economic Affairs) and will include a diverse group of representatives from a number of government bodies including, but not limited to: the Reserve Bank of India (RBI), the State Bank of India, and Indian policy think - tank NITI Aayog.

In an effort to bring back all the desi entrepreneurs from overseas and curb startups from move from Indian shores, the government has directed RBI to set aside Rs. 2000 crore for startups for Financial year 2014 - 15.

10:49 p.m. EDT — The U.S. is up 3 - 0 now after an RBI single to right field from Christian Yelich, with Ian Kinsler beating the throw home easily.

THE BASEBALL FAN»S estimate of a player may range from a mental note in shorthand («That bum») to a string of batting averages and RBIs admiringly learned by heart.

I'd like to welcome back to the Wrap - Up Luke «2013 Suburbs College / Prep MVP» Jacobson who went 4 for 4 from the dish with a HR and 2 RBIs... He picked up right where he left off this Summer and has begun his Campaign for 2 MVPs in 2013..

In fact many of them won the 2011 Suburbs League... They got a tremendous performances from Adam «Air» Bernkopf who had a HR and 3 RBI on the night.

Leadoff man Michael «backups each play at 1st base from Catcher» Goldstein had 4 hits and a few RBI of his own..

On Sunday they were both impressive just in different ways: Team Berzon won by 19 behind a stellar performance from Michael «Going, Going, Gone» Glink who had 2 HRs and 7 RBI on the day.

«I went from good coaching to the best you can find in the nation,» said O'Guinn, who hit.343 with 25 RBI last season.

On the flip side, the Tigers are a game below.500 despite respectable production from their new first baseman -LRB-.293, 5 HR, 20 RBI).

The Phillies got three hits and three RBIs from Greg Luzinski in a 5 - 4 win over the Giants.

Borbon was a 7 - 6 winner when Ed Armbrister scored from third on a grounder in the last of the ninth, a 5 - 4 victor when Dan Driessen homered in the ninth, an 8 - 7 winner on an RBI single by Pete Rose in the 10th.

And when Martin benched Murphy, a brilliant centerfielder and the team's RBI leader, for one game last month for misjudging a fly ball, he took his lumps from the press and, through the press, from some players.

He missed a shot at Tony Lazzeri's league record of 11 RBIs in a game when he was pulled from the game in the eighth.

He was leading the International League in RBIs that year and had hit 23 home runs when Cincinnati called him up from Buffalo in August.

Atlanta also needs outfield help: Reggie Sanders, Bobby Bonilla and Trenidad Hubbard (combined.216 average, 10 home runs and 34 RBIs) have given the Braves less production from leftfield than any other team in the National League.

Rhodes, a Cincinnati native and a journeyman major leaguer -LRB-.224 average, 13 homers and 44 RBIs) for three clubs from 1990 to» 95, has played outfield for the Osaka Kintetsu Buffaloes of Japan's Pacific League for the past six seasons.

He went 2 - for - 4 with 2 doubles, 2 runs and 2 RBI from the leadoff spot.

Although Madison Bumgarner (2 - 0, 0.56 ERA in 16 IP) would seem to be the obvious choice if San Francisco can bounce back from last night's embarrassment, there are a number of legitimate candidates for the Royals including Yordano Ventura (1 - 0, 1.46 ERA in 12.1 IP), Salvador Perez -LRB-.381 BA, 1 HR, 4 RBI), Lorenzo Cain -LRB-.318 BA, spectacular defense) and potentially others.

This season is a far cry from 2015, when Rodriguez reached milestones of 3,000 hits and 2,000 RBI, and also passed Willie Mays on the all - time home run list.

«McCann» walks on four pitches, and here's Marwin Gonzalez, who has gone from «guy the broadcasters continually talk about for leading the Astros in RBI in the regular season» to «guy they never talk about much anymore because he makes outs too fast for them to comment on his season.»

Closer Rick Aguilera ($ 3.25 million) has a no - trade clause, and outfielder Marty Cordova ($ 3 million) has little trade value, his production having slipped from.309 with 111 RBIs three years ago to.253 with 69 RBIs in» 98.

The emergence of two other draftees from California's farm system, DH Danny Goodwin -LRB-.292 and nine RBIs in 14 games) and Infielder Jim Anderson -LRB-.235), prompts Bavasi to say, «Most of our best prospects are in the major leagues right now.

Baltimore needs the 29 homers and 89 RBIs he averaged for the Astros from 1986 to» 90.